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Ugo [173]
3 years ago
9

Jeff and Robert form KS VENTURES Corporation. Jeff transfers property (basis of $105,000 and fair market value of $90,000) while

Robert transfers land (basis of $8,000 and fair market value of $70,000) and $20,000 of cash. Each receives 50% of KS VENTURES Corporation’s stock (total value of $180,000). As a result of these transfers: a. Jeff has a recognized loss of $15,000, and Robert has a recognized gain of $62,000. b. Neither Jeff nor Robert has any recognized gain or loss. c. Jeff has no recognized loss, but Robert has a recognized gain of $20,000. d. KS VENTURES Corporation will have a basis in the land of $70,000. e. None of the above
Business
1 answer:
Komok [63]3 years ago
4 0

Answer:

The answer is: B) Neither Jeff nor Robert has any recognized gain or loss.

Explanation:

Both Jeff and Robert are contributing different assets to form KS Ventures Corporation. Jeff will transfer property at its fair market value ($90,000) and Robert will also transfer property at fair market value ($70,000) plus $20,000 in cash to equal Jeff's contribution. They haven't gained or lost anything, each still has 50% of stock ($90,000) of KS Ventures Corporation.

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When used in return on investment (ROI) calculations, turnover equals sales divided by average operating assets.
zhenek [66]
True

Return to investment: margin+turnover
Margin-net operating income/ sales
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8 0
3 years ago
After Jeff Bezos read about how the Internet was growing by 2,000 percent a month, he set out to use the Internet as a new distr
zloy xaker [14]

Answer:

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Explanation:

Entrepreneurs innovate sometimes by commercializing inventions and ideas. They look for new business opportunities and find resources they can use in exploiting them. Commercializing an invention was done by Jeff Bezos in this instance. He saw the distribution opportunities available in the internet, and with the growing percentage increase of the internet users per month, he decided to create Amazon. He transformed the invention of the internet into the innovation of Amazon.

The ability to posses this characteristics is one of the qualities of a good entrepreneur.

6 0
2 years ago
Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a serie
Salsk061 [2.6K]

Answer:

take the payments over time payout

Explanation:

My personal opinion/advice would be to take the payments over time payout. There are many reasons for this, the first one being that most individuals are not used to receiving large sums of cash and usually end up wasting all the money as soon as they receive it, which usually does not occur if the payments are made over time. The second and more important reason is that if the payments are made over different years your would pay a much lesser amount on taxes every year that passes. This means that the even with the interest rate you would most likely have more overall money if you take the payments over time.

8 0
3 years ago
Anthony currently earns $25 an hour and works 40 hours a week. When his boss offers to pay him $29 per hour, Anthony decides to
timofeeve [1]

Answer:

substitution and income effects will counteract each other totally

Explanation:

A labor supply curve is an economic analysis tool that shows the number or workers that are available to work or that can work at various wage rates.

The labor supply curve can either be bending backwards or sloping downwards or upward curving but it shows the relationship between labour and wage rates.

A labor supply curve can be affected by factors such as population, changes in social behaviour, opportunities in other markets, among other things.

From the above question, it is seen that a change in wage rate for Anthony from $25 to $29 does not affect his work hours positively of negatively. His work hours is the same despite the increase in hourly wage.

The effect of the Anthony sticking to 40 hours of work despite an increase in wage, which could have served as some motivation for him to put in more hours is his labor curve remains same. An increase in wage has done noting to affect the number of hours he works and as such his income vs work rate counters each other.

Cheers.

8 0
2 years ago
How many bits are there in 2bytes​
dsp73
There are 16 bits in two bytes
3 0
3 years ago
Read 2 more answers
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